North Shore Market Trends

This month rather than sending the general REBGV statistics, we wanted to show how trends in our own backyard looks like.

The charts below show detached homes & condos in a specific price range over the last 3 years. Very interesting...

A few key points:

*The North Shore condo market in the $600,000- $1,000,000 is heavily active and shows a greater increase in sales year over year. We suspect this isn't going to change any time soon due to the "tighter" mortgage rules and general affordability.

*Over $2,500,000 priced homes have dramatically slowed.

*The "sweet spot" for detached home pricing is currently $1,500,000 to $1,700,000. These homes are selling quite quickly and typically for list price or more.

If you'd like this information for a specific area or neighbourhood, please give us a call!

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy - Listing data updated on May 24, 2018

This website is presented by Leanne Woodward from Royal Le Page Sussex Realty